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L’Oréal Refines Its Strategy as US Demand Falters, China Drags

In a call with analysts and investors, CEO Nicolas Hieronimus and CFO Christophe Babule said the company’s broad brand assortment will carry it through the downturn.
Verily on Thursday announced its newest tie-up with L’Oréal SA in its search for sustainable revenue.
L’Oréal. (Shutterstock)

A slight slowdown in beauty spending weighed on L’Oréal’s earnings.

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